Common use of Commercialization Responsibilities Clause in Contracts

Commercialization Responsibilities. ▇▇▇▇▇▇▇ will have the exclusive right to conduct (subject to Section 5.2), and will have sole decision-making authority with respect to all aspects of the Commercialization of Compounds and Products in the Field in the Territory, including: (a) developing and executing a commercial launch and pre-launch plan; (b) marketing and promotion (including Detailing); (c) booking sales and distribution and performance of related services; (d) handling all aspects of order processing, invoicing and collection, inventory and receivables; (e) publications; (f) providing customer support, including handling medical queries, and performing other related functions; (g) the review and approval of all promotional materials for compliance with applicable Law, including submission, where appropriate, to the applicable Regulatory Authority and (h) conforming its practices and procedures in all material respects to applicable Law relating to the marketing, detailing and promotion of the Products in the Field in the Territory. ▇▇▇▇▇▇▇ shall use Commercially Reasonable Efforts to obtain Marketing Approval for the Product and Commercialize a Product in each of the [***] following receipt of Marketing Approval of such Product in the applicable country. Promptly after the Opt-In Date and thereafter during the Term on an annual basis, [***] may be added to the Development Plan for approval by the JSC.

Commercialization Responsibilities. ▇▇▇▇▇▇▇ will have During the exclusive right to conduct (subject to Section 5.2)Term, Derma shall use Diligent Efforts to, and will have sole decision-making authority with respect to shall be responsible for all aspects of of, the Commercialization of Compounds and Licensed Products in the Field in throughout the Territory, including. Such Commercialization responsibilities shall include: (a) developing and executing a commercial launch and pre-launch planplan including considerations for the manufacture, packaging and distribution of commercial supplies of the Licensed Products and including a specific plan to diligently establish accounts or relationships with Department of Defense (‘DoD”) and Veterans Affairs (“VA”) facilities; (b) marketing negotiating with applicable Governmental Authorities regarding the price and promotion (including Detailing)reimbursement status of such Licensed Product; (c) marketing and promotion, including presence at tradeshows and wound care conferences; (d) booking sales and distribution and performance of related services; (de) handling all aspects of order processing, invoicing and collection, inventory and receivables; (e) publications; (f) providing customer support, including handling medical queries, and performing other related functions; and (g) the review and approval of all promotional materials for compliance with applicable Law, including submission, where appropriate, to the applicable Regulatory Authority and (h) conforming its practices and procedures in all material respects to applicable Law Laws relating to the marketing, detailing and promotion of the Products such Licensed Product in the Field in the Territory. ▇▇▇▇▇▇▇ Derma shall use Commercially Reasonable Efforts to obtain Marketing Approval for the Product and Commercialize a Product in each bear all of the [costs and expenses incurred in connection with such Commercialization activities. ***] following receipt of Marketing Approval of such Product in * This material has been omitted pursuant to a request for a confidential treatment and filed separately with the applicable country. Promptly after the Opt-In Date Securities and thereafter during the Term on an annual basis, [***] may be added to the Development Plan for approval by the JSCExchange Commission.